Deadline Looms for Tobacco 2006 MSA Payments

AUTHOR(S)

Albanese, Elizabeth

PUB. DATE

April 2006

SOURCE

Bond Buyer;4/13/2006, Vol. 356 Issue 32360, p4

SOURCE TYPE

Trade Publication

DOC. TYPE

Article

ABSTRACT

The article reports that the deadline for payments of states that signed on to the Master Settlement Agreement (MSA) with tobacco companies in the U.S. is on April 17, 2006. According to officials at R.J. Reynolds Tobacco Co. and Lorillard Tobacco Co., they have not yet decided whether they would adjust their payments to the arbitration decision passed on by the Brattle Group. The states will have to prove that the companies have adequately implement escrow statutes ordered by the MSA.

ACCESSION #

20517415

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